Enchem’s U.S. subsidiary to go public through reverse merger with Nasdaq-listed company

Published: Jun 4, 2026 16:27

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Enchem America, the U.S. subsidiary of secondary battery electrolyte company Enchem, has agreed to merge with The GrowHub, a Singapore-based blockchain technology company listed on Nasdaq.

The GrowHub said in a filing with the U.S. Securities and Exchange Commission (SEC) on June 1 local time that it had signed a binding agreement related to a business combination with Enchem America.

The transaction is structured as a reverse merger. When a foreign company acquires a company listed on the U.S. stock market, the acquired U.S.-listed entity remains as the surviving company after the merger.

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